Ethical Compliance

PATEL ENGINEERING.

Revenue

1.1%

Debt

21%

Liquidity

3.8%

Revenue

Debt

Liquidity

1.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Products
₹4,278.39

  Other Operating Revenue
₹265.72

  Other Income
₹39.88

Questionable

INR Crores

  Net Gain on Sale of Investments
₹1.39

Non Compliant

INR Crores

  Interest income
₹47.64

INR Crores

Revenue from Questionable Sources:₹1.39
Revenue from Non Compliant Sources:₹47.64
Total:₹49.03
Total Revenue:₹4,633.02

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹49.03

₹4,633.02

= 1.1%

compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.